Factory productivity growth in 2004
March 04, 2005
Productivity, as measured by output per hour, increased 5.2 percent in the manufacturing sector in 2004, the same as in 2003.
The 5.2-percent growth in productivity in 2004 resulted from an increase in output of 4.8 percent and a decline in hours of 0.4 percent.
In contrast, the gain in manufacturing productivity in 2003 was the result of unchanged output and a 4.9-percent decline in hours.
These data are a product of the BLS Productivity and Costs program. Data are subject to revision. Additional information is available in "Productivity and Costs, Fourth Quarter and Annual Averages for 2004, Revised" (PDF) (TXT), news release USDL 05-344.
Bureau of Labor Statistics, U.S. Department of Labor, The Editor's Desk, Factory productivity growth in 2004 on the Internet at http://www.bls.gov/opub/ted/2005/feb/wk4/art05.htm (visited July 31, 2014).
Spotlight on Statistics: Productivity
This edition of Spotlight on Statistics examines labor productivity trends from 2000 through 2010 for selected industries and sectors within the nonfarm business sector of the U.S. economy. Read more »